The 131 million-square-foot office building at 135 South LaSalle St in Chicago has been reappraised at a value of only $34 million Its $100 million loan is one of three left in a 2015 CMBS conduit deal whose A-S class could be facing...
Multi-Housing News TruAmerica Multifamily has acquired Bridges at San Ramon, a 200-unit apartment complex in the San Francisco Bay Area town of San Ramon, Calif The Los Angeles investment manager bought the property from Acacia Capital, which...
Commercial Property Executive Ambrose Property Group has sold a 233,348-square-foot industrial building within the Indianapolis Logistics Park in the Indianapolis suburb of Whitestown, Ind, for $376 million, or $16113/sf The local developer was...
Washington Business Journal Victoria Industrial Properties and Lincoln Equities Group have paid $625 million, or $20032/sf, for a 312,000-square-foot flex-industrial portfolio in Northern Virginia’s Dulles Tech Corridor The venture acquired...
Philadelphia Business Journal A venture of TPG and Echo Realty has bought Water Tower Square, a 269,000-square-foot shopping center in the Philadelphia suburb of Montgomeryville, Pa TPG, of San Francisco, and Echo, of Pittsburgh, purchased the...
Crain’s Chicago Business TLC Management has paid $943 million, or $392,917/unit, for AMLI Deerfield, a 240-unit apartment property in the Chicago suburb of Deerfield, Ill The Chicago investor acquired the property, at 1525 Lake Cook Road, from...
Phoenix Business Journal Data center developer 5C AI has paid $2275 million, or $20059/sf, for the 113,414-square-foot industrial building at the northwest corner of McDowell Road and 27th Avenue in Phoenix The The Saint-Laurent, Quebec, company...
Decron Properties has paid $114 million, or $699,386/unit, for the 163-unit apartment property at 5550 Wilshire Blvd in Los Angeles The local investment manager bought the property from General Investment and Development, or GID, in a deal brokered...
New York Business Journal Acore Capital has taken ownership of two office buildings at 601-615 West 50th St in Manhattan’s Hell’s Kitchen neighborhood in a deed-in-lieu of foreclosure A venture of Beacon Capital Partners of Boston and...
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